Ghana mandates that 30% of GoldBod's gold output must be sold to the government.
2 reports, 2 independent
Updated Jul 13
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What happened
Ghana mandates that 30% of GoldBod's gold output must be sold to the government.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.GoldBod tightens oversight of gold trade and uses BoG rates for fund conversion.1 source
Ghana imposes a 30% mandate on GoldBod's gold output sales.1 source
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The entities involved
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Ghana
country in West Africa
Related events
- GoldBod operates in Ghana's artisanal gold sector and contributes to broader African mineral value retention.
- The Parliamentary Select Committee is assessing the Ghana Gold Board's contribution to Ghana's national economy.
- The gold mining industry in Ghana is a significant contributor to the nation's fiscal health, establishing Ghana as a leading gold producer on the African continent.
- Ghana has cited Mali and Burkina Faso regarding issues related to gold processing.
- IMF reviewed Ghana's gold purchase program while the Bank of Ghana accumulated gold, raising concerns over state losses.